Applied Materials, Inc. $AMAT Shares Bought by Eurizon SLJ Capital Ltd

Eurizon SLJ Capital Ltd raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 2,975.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 27,775 shares of the manufacturing equipment provider’s stock after acquiring an additional 26,872 shares during the period. Applied Materials accounts for 7.4% of Eurizon SLJ Capital Ltd’s holdings, making the stock its biggest holding. Eurizon SLJ Capital Ltd’s holdings in Applied Materials were worth $20,081,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its holdings in Applied Materials by 4.3% during the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after purchasing an additional 17 shares during the last quarter. Stonebridge Financial Group LLC increased its position in shares of Applied Materials by 2.1% in the second quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after buying an additional 21 shares in the last quarter. Basecamp Wealth Advisors LLC raised its stake in shares of Applied Materials by 0.7% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 3,288 shares of the manufacturing equipment provider’s stock worth $1,124,000 after buying an additional 22 shares during the last quarter. Financial Management Professionals Inc. raised its stake in shares of Applied Materials by 2.2% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,040 shares of the manufacturing equipment provider’s stock worth $752,000 after buying an additional 22 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its position in shares of Applied Materials by 34.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock worth $67,000 after buying an additional 24 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Applied Materials

In related news, Director Thomas J. Iannotti sold 9,250 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president directly owned 134,631 shares in the company, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 278,088 shares of company stock valued at $169,654,805. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT opened at $507.18 on Friday. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67. The company’s 50 day simple moving average is $564.15 and its 200 day simple moving average is $444.89. The company has a market capitalization of $402.68 billion, a price-to-earnings ratio of 43.72, a PEG ratio of 1.35 and a beta of 1.61. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 39.58% and a net margin of 30.05%.Applied Materials’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts predict that Applied Materials, Inc. will post 12.22 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s payout ratio is currently 19.91%.

Trending Headlines about Applied Materials

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates
• Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks
• Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data
• Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth
• Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AMAT shares. Citigroup restated a “buy” rating on shares of Applied Materials in a research report on Monday, August 3rd. Craig Hallum increased their price target on shares of Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a research report on Friday. UBS Group set a $675.00 price objective on shares of Applied Materials in a research note on Friday. Truist Financial set a $575.00 target price on Applied Materials in a research note on Thursday, May 28th. Finally, Sanford C. Bernstein increased their target price on Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $640.17.

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.